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STANDARD BANK GROUP LIMITED - Directors dealings in securities

Release Date: 08/10/2015 09:00
Code(s): SBK     PDF:  
Wrap Text
Directors dealings in securities

STANDARD BANK GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number 1969/017128/06
JSE Share code: SBK
Namibian Share Code: SNB
ISIN: ZAE000109815
(“Standard Bank Group”)

DIRECTORS’ DEALINGS IN SECURITIES

In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE
Limited, the following information is disclosed:

Director:                           Mr. BJ Kruger

Name of company:                    Standard Bank Group Limited

1.   Date of Transaction:           2015-10-02

     Nature of Transaction:         Automatic delivery of 44 600 Standard Bank
                                    Group ordinary shares to settle the vesting of
                                    units granted in terms of The Standard Bank
                                    Group Deferred Bonus Scheme 2012 at a price of
                                    R133.76 per share.

     Value of Transaction:          R5 965 696.00

     Nature of Interest:            Direct beneficial


2.   Date of Transaction:           2015-10-02 to 2015-10-07

     Nature of Transaction:         Automatic disposal of 17 182 Standard Bank
                                    Group ordinary shares to settle employees’ tax
                                    on vesting of units granted in terms of The
                                    Standard Bank Group Deferred Bonus Scheme 2012
                                    at an average price of R142.36 per share.

     Value of Transaction:          R2 446 029.52

     Nature of Interest:            Direct beneficial


Director:                           Mr. SK Tshabalala

Name of company:                    Standard Bank Group Limited

3.   Date of Transaction:           2015-10-02

     Nature of Transaction:         Automatic delivery of 29 164 Standard Bank
                                    Group ordinary shares to settle the vesting of
                                    units granted in terms of The Standard Bank
                                    Group Deferred Bonus Scheme 2012 at a price of
                                    R133.76 per share.

     Value of Transaction:          R3 900 976.64

     Nature of Interest:            Direct beneficial
4.   Date of Transaction:     2015-10-02 to 2015-10-07

     Nature of Transaction:   Automatic disposal of 11 235 Standard Bank
                              Group ordinary shares to settle employees’ tax
                              on vesting of units granted in terms of The
                              Standard Bank Group Deferred Bonus Scheme 2012
                              at an average price of R142.36 per share.

     Value of Transaction:    R1 599 414.60

     Nature of Interest:      Direct beneficial

5.   Date of Transaction:     2015-10-07

     Nature of Transaction:   Automatic delivery and disposal of 23 332
                              Standard Bank Group ordinary shares to settle
                              employees’ tax on vesting of rights granted in
                              terms of the Standard Bank Group Equity Growth
                              Scheme at a price of R142.53 per share.

     Value of Transaction:    R3 325 509.96

     Nature of Interest:      Direct beneficial


Director:                     Mr. SP Ridley

Name of company:              Standard Bank Group Limited

6.   Date of Transaction:     2015-10-02

     Nature of Transaction:   Automatic delivery of 51 330 Standard Bank
                              Group ordinary shares to settle the vesting of
                              units granted in terms of The Standard Bank
                              Group Deferred Bonus Scheme 2012 at a price of
                              R133.76 per share.

     Value of Transaction:    R6 865 900.80

     Nature of Interest:      Direct beneficial


7.   Date of Transaction:     2015-10-02 to 2015-10-07

     Nature of Transaction:   Automatic disposal of 19 774 Standard Bank
                              Group ordinary shares to settle employees’ tax
                              on vesting of units granted in terms of The
                              Standard Bank Group Deferred Bonus Scheme 2012
                              at an average price of R142.36 per share.

     Value of Transaction:    R2 815 026.64

     Nature of Interest:      Direct beneficial

Group Secretary:                    Ms. Z Stephen

Name of company:                    Standard Bank Group Limited

8.   Date of Transaction:           2015-10-02

     Nature of Transaction:        Automatic delivery of 1 881 Standard Bank Group
                                   ordinary shares to settle the vesting of units
                                   granted in terms of The Standard Bank Group
                                   Deferred Bonus Scheme 2012 at a price of
                                   R133.76 per share.

     Value of Transaction:          R251 602.56

     Nature of Interest:            Direct beneficial


9.   Date of Transaction:           2015-10-02 to 2015-10-07

     Nature of Transaction:        Automatic disposal of 725 Standard Bank Group
                                   ordinary shares to settle employees’ tax on
                                   vesting of units granted in terms of The
                                   Standard Bank Group Deferred Bonus Scheme 2012
                                   at an average price of R142.36 per share.

     Value of Transaction:          R103 211.00

     Nature of Interest:            Direct beneficial


Volume weighted average price on 2015-10-02             R139.65
High for the day on 2015-10-02                          R141.16
Low for the day on 2015-10-02                           R137.51

Volume weighted average price on 2015-10-05             R143.60
High for the day on 2015-10-05                          R145.39
Low for the day on 2015-10-05                           R141.11

Volume weighted average price on 2015-10-06             R143.36
High for the day on 2015-10-06                          R145.80
Low for the day on 2015-10-06                           R141.75

Volume weighted average price on 2015-10-07             R143.18
High for the day on 2015-10-07                          R145.84
Low for the day on 2015-10-07                           R141.75


The above transactions were done on market and clearance to deal was provided.

Johannesburg
8 October 2015

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 08/10/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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